LG Chem, Ltd. (KOSE:A051910) agreed to acquire Adhesive Film Business from LG Hausys Ltd. (KOSE:A108670) for KRW 75.3 billion on July 20, 2016. The Board of LG Chem resolved the deal on July 20, 2016. The Board of LG Hausys Ltd resolved the deal on July 22, 2016. The final deal will be signed on August 31, 2016 and the deal is expected to close on August 31, 2016.

LG Chem, Ltd. (KOSE:A051910) completed the acquisition of Adhesive Film Business from LG Hausys Ltd. (KOSE:A108670) on on September 30, 2016.